€5 Million Fund for Big Data startups and SMEs – European Data Incubator is open for applications

Published on Tuesday, 17 April 2018 - 15:46

European Data Incubator (EDI) is a Big Data incubator offering a dedicated acceleration programme and €5M funding for EU based startups and teams.

EDI is looking for Big Data innovators and entrepreneurs from all over Europe to solve real industry challenges provided by various EU corporates and data providers across a wide range of sectors (from Smart Cities, Energy & Environment, to Internet & Media, Industry 4.0 and Retail sectors), or to develop independent data solutions utilizing the available datasets.

EDI’s offer is a great opportunity for entrepreneurs. Selected startups will have access to a free Cloud environment for scalable data processing, data from major European organisations, free business services to boost their growth, a network of data specialists, and up to €100,000 equity free funding.

The EDI incubation process consists of 3 incubation phases: EXPLORE → EXPERIMENT → EVOLVE, where continuous technical, business and funding support is provided to the startups qualifying for the different phases.